Sunday, January 27, 2008

Vietnam to hold world top cashew exporter position this year

Vietnam’s cashew industry aimed to export 160,000 tons of cashews worth US$680 million in 2008, the Vietnam Cashew Association (VINACAS) said Saturday.
Vietnam was likely to remain the world’s top cashew exporter for the third year in succession, the association said.

The nuts were worth around $4,750 a ton, it said.

Vietnam has exported cashews to 40 countries; the US, China and Europe are the largest markets.

Exports earned $579 million in the first eleven months of last year, 26 percent more than 2006.

Reported by Quang Thuan

Story from Thanh Nien News
Published: 27 January, 2008, 11:50:52 (GMT+7)
Copyright Thanh Nien News

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